Title: INFLUENCE OF COMPANY FUNDAMENTAL FACTORS ON STOCK INCOME POST PUBLICATION OF FINANCIAL REPORTS IN THE FOOD AND BEVERAGE INDUSTRY GROUP ON THE JSE.
Author: Siti Zuhroh
Item Type : Thesis (Thesis)
Affiliations: Master of Management Study Program, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
After testing the hypothesis, the conclusions that can be drawn are: The hypothesis in this study is that the current ratio, return on equity, earnings per share, debt to equity ratio and dividend payout ratio together have an influence on share income in the food and beverage industry group in BEJ 1997-2001, after testing, the validity was proven. The magnitude of the influence of the independent variables simultaneously on the dependent variable is shown by the compound coefficient of determination (R2) of 0.658, which means that 65.8% of changes in stock income can be explained by the independent variables included in the model simultaneously. The second hypothesis which suspects that the variables current ratio, return on, equity, earnings per share, debt to equity ratio and dividend payout ratio alone have an influence on share income in the food and beverage industry group on the JSE 1997-2001, after testing turns out not to be the case. fully verified. This is shown by the existence of three variables that have no influence on stock earnings in the food and beverage industry group on the JSE, namely current ratio, return on equity and earnings per share. Two other independent variables, namely: debt to equity ratio and dividend per share have an influence on stock income in the food and beverage industry group on the JSE. As the final part of this research, the suggestions that can be given are: Investors need to pay attention to the debt to equity ratio and dividend payout ratio, considering that based on the test results the debt to equity ratio and dividend payout ratio have a significant influence on changes in stock income. Seeing that the positive influence of a company's debt to equity ratio and dividend payout ratio is low or decreasing, it can be predicted that the share income of the company concerned will decrease and vice versa. To provide accurate information to investors, it would be better if the company provided its financial reports for a shorter period (perhaps half a year) along with predictions. In this way, investors will pay attention to the company's development from time to time and if the company's financial performance is good, this will result in an increase (increase) in the company's share income. For future researchers, they should consider a more detailed and longer research period, for example with a monthly or daily period with a longer period, so that they can obtain the behavior of stock earnings in the short term.
Keywords: FINANCIAL STATEMENT; INVESTMENT
Sources: http://repository.unair.ac.id/35134/